CRDC Completes SoulCycle Lease in Woodbury, NY

Charter Realty & Development is pleased to announce that it has arranged its third transaction on behalf of SoulCycle for an approximately 3,000 square foot space at the Woodbury Common Shopping Center in Woodbury, L.I. NY. Peter Levine of Charter Realty & Development represented SoulCycle in direct dealings with Neal Kaplan of Kabro Associates.

Woodbury Common is an 85,000 square foot center which is in the process of undergoing a complete transformation. The center will add over 30,000 square feet of new space, additional parking and new facades and amenities. In addition to SoulCycle, additional new tenants slated to open are a 20,000 square foot Fresh Market, as well as numerous other upscale fashion retailers and better quality restaurants.

SoulCycle’s full-body workout has revolutionized indoor cycling and taken the world of fitness by storm. Combining inspirational coaching and high-energy music, SoulCycle offers an engaging workout that benefits both the mind and the body. Each SoulCycle ride delivers an intense FULL-BODY workout with a fun and energizing atmosphere. Not only do riders burn calories and get their hearts pumping, but using the SoulCycle® Method, riders also work their core and use hand weights to tone their upper bodies. Beyond providing an intense cardio workout, SoulCycle also incorporates a mental component of inspirational coaching.

Charter Realty & Development Corp. currently owns or leases over 12 million square feet of shopping centers throughout the Northeast.

For more information on SoulCycle or Charter Realty & Development please visit www.chartweb.com or contact Peter Levine at 203-683-1567.